“On Assignment, Inc. said it has signed a definitive agreement to acquire ECS Federal, LLC from Roy Kapani, the company’s majority owner and founder, and Lindsay Goldberg, a private investment firm, for $775 million in cash. Further, On Assignment said it intends to change its name to ASGN Inc., effective April 2, 2018.”
“ECS is a privately-held government services contractors, delivering cyber security, cloud, DevOps, IT modernization and advanced science and engineering solutions to government enterprises…” Read the full news story here.
Source: On Assignment To Acquire ECS Federal For $775 Mln, January 31, 2018. NASDAQ.
